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Galaxy Theater Production Company's partially completed worksheet as of December 31, 2018, follows. (Click the icon to view the partially completed worksheet.) i (Click the
Galaxy Theater Production Company's partially completed worksheet as of December 31, 2018, follows. (Click the icon to view the partially completed worksheet.) i (Click the icon to view the adjustment data.) Read the requirements. Requirement 1. Complete the worksheet. Use letters a through e to label the five adjustments. The account names and unadjusted trial balance amounts as provided in the question have been entered into the worksheet for you. Finish the partial worksheet by completing the adjustments and adjusted trial balance columns Complete the Adjustments columns by using the letters a through e to label the five adjustments. (Abbreviation used: Equip. = Equipment.) Galaxy Production Company Worksheet December 31, 2018 Unadjusted Trial Balance Adjustments Adjusted Trial Balance Account Names Debit Credit Debit Credit Debit Credit Cash 4,100 Accounts Receivable 6.300 Office Supplies 1,700 Prepaid Insurance 5,500 Equipment 32,000 Accumulated Depreciation-Equip. $ 8,100 Accounts Payable 5,000 Salaries Payable Galaxy, Capital 26.100 Galaxy, Withdrawals 31,500 Galaxy Theater Production Company's partially completed worksheet as of December 31, 2018, follows. (Click the icon to view the partially completed worksheet.) (Click the icon to view the adjustment data.) Read the requirements. Cash S 4,100 Accounts Receivable 6,300 Office Supplies 1,700 Prepaid Insurance 5,500 Equipment 32,000 Accumulated Depreciation-Equip. S 8,100 Accounts Payable 5,000 Salaries Payable Galaxy, Capital 26,100 Galaxy, Withdrawals 31,500 Service Revenue 76,000 Depreciation Expense-Equip. Supplies Expense Utilities Expense 4,600 Salaries Expense 29,500 Insurance Expense 115,200 $ 115,200 Total i More Info a. As of December 31, Galaxy had performed $200 of service revenue but has not yet billed customers. At the end of the month, Galaxy had $1,300 of office supplies remaining. Prepaid Insurance of $4,950 remained. d. Depreciation expense, $4,400. Accrued salaries expense of $450 that hasn't been paid yet. C. e. Print Done
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